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Global boric acid market accounted for a market revenue of USD 6.62 billion in the year 2019 and is projected to grow at a CAGR of more than 4% over the forecast period.
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Adroit Market Research Boric Acid Market by Application (Fiberglass Industry, Ceramics, Building & Construction, Pharmaceuticals, Others) and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America), Global Forecasts 2020 to 2028 Single Use License: US$ 4400 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Increasing Demand From Various Countries Is Projected To Drive The Increasing Demand From Various Countries Is Projected To Drive The Demand Of Boric Acid With More Than 4 % Demand Of Boric Acid With More Than 4 % It exists in colorless crystals or a white powder that dissolves in water. Boracic acid is odorless. It has a crystalline structure usually available as a water-soluble powder form. The market is projected to reach USD 8.5 billion by the end of 2028. A significant growth rate is expected on the global boric acid market as a result of the rising demand in energy saving equipment. Boric acid is used as a commercial and residential building insulation in energy-efficient applications. Boric acid is also advantageous to the fact that it is used in the production of oil and wind energy. The decline in the unoccupied rate and stable employment has increased residential and commercial construction activity in the US. In terms of region the global market is divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The increased demand in building and automotive applications for glass and fiberglass has led to the growth of the boric acid market in countries like China and India of the Asian-Pacific region. Asia Pacific is projected to account for more than 50% share over the foreseeable future. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Increasing Demand From Various Countries Is Projected To Drive The Increasing Demand From Various Countries Is Projected To Drive The Demand Of Boric Acid With More Than 4 % Demand Of Boric Acid With More Than 4 % In terms of application the global market is segmented into Fiberglass Industry, Building and Construction, Ceramics, Pharmaceuticals, Others. Ceramics and fiber glass is projected to account for a major market revenue share over the foreseeable future. Key players include Minera Santa Rita S.R.L., Gujarat Boron Derivatives, Organic Industries Pvt. Ltd., QUIBORAX S.A., Russian Bor Concern OJSC, TOMIYAMA PURE CHEMICAL INDUSTRIES, LTD., U.S. Borax, Eti Maden, Avantor Performance Materials, LLC, 3M Company. Browse the complete report on @ https://www.adroitmarketresearch.com/industry-reports/boric-acid-market +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Key segments of the global Key segments of the global Boric Acid Boric Acidmarket market Application Overview, 2019-2028, (USD Billion) Fiberglass Industry Building and Construction Ceramics Pharmaceuticals Others Regional Overview, 2015-2025 (USD million) (Kilo tons) • North America • Europe • Asia Pacific • Central & South America • Middle East & Africa Purchase a single user copy of the global Boric Acid market report@ https://www.adroitmarketresearch.com/researchreport/purchase/1619 +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
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